Re: CA Assembly votes to triple car tax

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Article #5859

#5859

From: Don Klipstein
Date: Sun, 02 Feb 2003 08:23

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In article <49pn3vcnvkch3c3m5dca7qfj1k03fcm5ci@4ax.com>, Scott in Aztlan wrote:
>On Sat, 01 Feb 2003 01:08:46 -0000, kenny@panix.com (Kenneth Crudup)
>wrote:
>
>>Er, I *have* a six-figure salary; if you're young, single, and wish to
>>really enjoy L.A., it's not the big deal you'd think it would be!
>
>Then why are you waiting 3 years to buy a house? That's three years of
>double-digit appreciation you're going to miss earning now and pay for
>later. :)

  Assuming that double-digit real estate appreciation will remain the 
trend.  Even on a timeframe of several years to a decade or two, this will 
only hold true (as in outperform good mutual funds such as 
lower-expense-ratio "index funds" to some few specific localities where 
real estate prices have cause to appreciate faster than ability of people 
being able to pay for it.

 - Don Klipstein (don@misty.com)

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From: don@manx.misty.com (Don Klipstein)
Newsgroups: misc.consumers,ba.consumers,ca.driving
Subject: Re: CA Assembly votes to triple car tax
Date: Sun, 2 Feb 2003 08:23:20 +0000 (UTC)
Organization: MGT Consulting
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Message-ID: <slrnb3plbo.f0m.don@manx.misty.com>
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